taxes

Hey Guys, Thrilled to get your input on this topic. I´m a german resident with an e-commerce business here (sole proprietorship). I figured out how to do my accounting for germany so thats not the problem. Now I opened a new US LLC structure in Delware with stripe atlas. So the US LLC will...

Hi everyone, I'm seeking some clarity regarding withholding taxes for B2B transactions, specifically when paying commissions or consultancy fees. Here are my questions: Withholding Taxes on Commissions/consultancy fees: When my company based in EU pays a commission and/or a consultancy fee to...

Hello folks, So I was thinking the other day about the possibility of combining a truly tax-free setup with both Singapore and Estonia. Establishing an Estonian company first: Estonian law allows me to reinvest money into new businesses/startups. Opening a Singapore company: By having the...

Hi guys. I'm currently living in Austria and I'm getting blasted by high taxes. I'm originally from Romania where taxes in my bracket are at least half of what I pay now. I can't move back to Romania yet, but I was thinking if it's possible to set up a company in Romania on a friend or someone...

If one brings a fortune into Switzerland of under 5 million CHF, it should mean that you do not pay wealth tax - at least in the canton of Zug - is that correct? I would like to get a documented answer that is easy to understand, when I read what I find from the CH tax authorities for that...

Hey guys, Just signed up here, but I have been consulting the forum for the past few weeks. It is a pleasure to meet all of you. I'm a french IT freelancer (27 yo) and I'm looking for a country to start the next chapter of my life. France is too much. I played the game and created a company...

Hello everyone, i've been reading since last year but never posted. My question is about how to keep working and generating profits from here (french resident) with a UK LTD. My accountant told me something about the UK gov not communicating with the french gov, and told me it's ok for me to do...

Hi, I just wanted to ask if I am a Canadian passport holder but have obtained UAE residency (with Emirates ID) and I apply to the bank and use my Emirates ID and provide a local UAE address will the bank still report my accounts to Canada? Thanks in advance.

I think as I'm getting into the topic of tax optimization I'm evaluating my situation here in Hungary, which is not too bad. My case: I can't move for the next 4-5 years, I'm currently self-employed with an annual income of 200k-220k USD and 300k in savings, I offer consulting services...

Hi all - I am a European resident, let say, in Spain. I own a USA LLC incorporated in Delaware and I elected that it would be taxed as a C-corp. I work with companies all over the world. When these companies are based outside Europe, then no problem. Now, let say, one of my client is a...

Hi guys. My situation is the following: - IT freelancer in mid EU (poor country though) - plan to make about 20k euro a month - total taxes where I live will be about 30%, not worth for what the country provides. - 95% of what I make I invest into stocks, crypto, p2p loans, and once I become...

Hello, I opened a company and moved to Dubai. I'm the only owner of my company, which is in a free zone and I don't have to pay corporate taxes or personal income taxes. Furthermore, I'm not a GCC national, so I don't have to pay te pension scheme. Therefore I was thinking to pay myself the...

Hi, Could you help me out a bit? I found some similar threads here but mine is a bit more specific. I will be moving from another EU country to Germany for the next 3 years. I want to start a single member LLC in USA with the help of registered agent in Wyoming to start selling on Amazon US -...

Hello folks, I'm a former US citizen with a Costa Rican citizenship living in Spain, but since I didn't live for more than 180 days of 2022, I'm not subject to taxes here, but for 2023, I will become subject to them. I have a salary from a Spanish company here, but I'm getting some additional...

I'm not entirely sure I worded the headline correctly. I barely understand what I've written myself but it's late. Anyways, As an example. I can form a company in Hong Kong and pay 0% tax on salaries if that income is paid into a foreign bank account and I'm not a resident of HK. Hong Kong...

So I'm fairly new to crypto and I'm freaking out about tax season already. I recently spoke to someone who is into several mining projects such as BUSD paycheck, Baked Beans & Drip and all he does is transfer his earnings from his wallet to an exchange and then to his bank account in smaller...

Hi everyone. Suppose someone from the Netherlands (Dutch passport & Dutch company owner) has a family with severe asthma (wife & kids), modest passive income from affiliate marketing (can work anywhere in the world) & a modest crypto stack (not enough to cashout/retire, but hopefully in the...

Hello everyone, first thank you so much for all the free info you provide in this forum, I can't thank you enough! Second, I have a question about German residency as self-employed as a non EU citizen, are there any agencies that take care of everything! Or I should do it the traditional way...

Vanuatu is a small country in the Pacific Ocean, far from civilization and famous for its unique natural beauty. It makes an incredible holiday destination with its stunning landscapes, amazing culture, and great climate. But then, there is something else that makes it popular… Its citizenship...

Hi guys, let's discuss US LLC taxes for a nonresident. I've seen many videos on youtube that say there be no taxes for the nonresident because it's a pass-through entity. But it clearly says that you will be taxed if you have received a US-sourced income. What about sales tax? if the customer...